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TThanks for sharing,Do you know Monero's TPS? It is difficult to reach the current transaction scale of BTC, so it may be difficult to popularize on a large scale.
I haven't used it so I can only rely on information I see on the internet. It's definitely faster than bitcoin.
How long does it take to send a transaction?
Block time is one minute. On average it will only take a one minute a transaction to first appear in the block chain; however, exchanges usually will require at least 18 confirmations (blocks) before adding funds to your account, and the standard wallet requires tbd confirmations before considering received coins to be available for use.
A time of 10-20 minutes is generally the longest length of time you should consider waiting if your transaction isnt confirmed in a couple of minutes.
Some
article says it's even faster than ethereum or litecoin. I think TPS is the least concern of someone who want to make anonymous payments. I also don't think monero will be as popular as other mainstream coins like bitcoin or ethereum but there will always be a strong demand for it and that will increase as regulation tightens.
Maybe you think that anonymous users don't care about TPS. But I think it is important for development.
There is also that monero is not very friendly to miners, leading to the loss of important customers. Although the market value is large. Probably no longer welcomed by new investors, they may turn to new, low-market anonymous coins. For example, the deeponion that has risen in the past two years. After the release of deepsend, anonymity works well. I think there is a lot of space